Pareto Bank (Norway) Today
| PARB Stock | NOK 55.50 0.10 0.18% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Pareto Bank is selling for 55.50 as of the 19th of April 2024. This is a 0.18 percent increase since the beginning of the trading day. The stock's lowest day price was 55.0. Pareto Bank has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Pareto Bank ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Pareto Bank ASA provides various financial products and services in Norway. The company was incorporated in 2007 and is based in Oslo, Norway. PARETO BANK operates under Financial Services classification in Norway and is traded on Oslo Stock Exchange. The company has 69.85 M outstanding shares. More on Pareto Bank ASA
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Pareto Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pareto Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pareto Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Asmund Skar |
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks, Financials, Banks, Banks - Regional - Europe, Financial Services (View all Sectors) |
Pareto Bank ASA (PARB) is traded on Oslo Stock Exchange in Norway and employs 57 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pareto Bank's market, we take the total number of its shares issued and multiply it by Pareto Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Pareto Bank ASA operates under Banks sector and is part of Financials industry. The entity has 69.85 M outstanding shares.
Pareto Bank ASA has accumulated about 970.75 M in cash with (975.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.27.
Check Pareto Bank Probability Of Bankruptcy
Ownership AllocationPareto Bank ASA has a total of 69.85 Million outstanding shares. Pareto Bank has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Pareto Ownership Details
Pareto Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Pareto Bank jumping above the current price in 90 days from now is nearly 4.5%. The Pareto Bank ASA probability density function shows the probability of Pareto Bank stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Pareto Bank has a beta of 0.2709 indicating as returns on the market go up, Pareto Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pareto Bank ASA will be expected to be much smaller as well. Additionally, pareto Bank ASA has an alpha of 0.1184, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Pareto Bank to move above the current price in 90 days from now is nearly 4.5 (This Pareto Bank ASA probability density function shows the probability of Pareto Stock to fall within a particular range of prices over 90 days) .
Pareto Bank ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pareto Bank market risk premium is the additional return an investor will receive from holding Pareto Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pareto Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Pareto Bank's alpha and beta are two of the key measurements used to evaluate Pareto Bank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6423 | |||
| Semi Deviation | 0.9848 | |||
| Standard Deviation | 1.04 | |||
| Variance | 1.07 |
Pareto Stock Against Markets
Picking the right benchmark for Pareto Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pareto Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pareto Bank is critical whether you are bullish or bearish towards Pareto Bank ASA at a given time. Please also check how Pareto Bank's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pareto Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Pareto Bank Corporate Directors
Pareto Bank corporate directors refer to members of a Pareto Bank board of directors. The board of directors generally takes responsibility for the Pareto Bank's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Pareto Bank's board members must vote for the resolution. The Pareto Bank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Erik Skarbovig | Director of Shipping & Offshore Financing, Corporate & Securities Financing | Profile | |
| Per Schiong | Director of Credit and Legal | Profile | |
| Per Spone | Director | Profile | |
| Camilla Wahl | Director | Profile |
How to buy Pareto Stock?
Before investing in Pareto Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pareto Bank. To buy Pareto Bank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pareto Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Pareto Bank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pareto Bank ASA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Pareto Bank ASA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Pareto Bank ASA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Pareto Bank ASA?
The danger of trading Pareto Bank ASA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pareto Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pareto Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pareto Bank ASA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pareto Bank ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Pareto Stock analysis
When running Pareto Bank's price analysis, check to measure Pareto Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pareto Bank is operating at the current time. Most of Pareto Bank's value examination focuses on studying past and present price action to predict the probability of Pareto Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pareto Bank's price. Additionally, you may evaluate how the addition of Pareto Bank to your portfolios can decrease your overall portfolio volatility.
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